FPSO gets contract extension for North Sea Catcher Field work
The BW Catcher FPSO is owned and operated by BW Offshore and is leased out under a seven-year fixed term contract, with extension options for an additional 18 years.
The original seven-year base term of the contract expires on Jan. 6, 2025, and from Jan. 6, 2024, the contract is subject to a rolling 12-month termination right. Until such a termination notice is received, the contract automatically extends on a day-to-day basis beyond Jan. 6, 2025, into the option period.
The Catcher Field partnership is made up of Premier Oil UK Ltd. (Harbour Energy) (50%), Waldorf CNS (I) Ltd., Waldorf Production UK Plc (40%) and ONE-Dyas E&P Ltd. (10%).
BW Catcher has an oil processing capacity of 60,000 bbld/d and a gas handling capacity of 60 MMscf/d. The vessel also has a water injection caapcity of 125,000 bbl/d and a storage caoacity of 650,000 bbl.
Last year Amarinth supplied skimming pumps for the Catcher FPSO in the North Sea.
In January 2023, Harbour Energy was targeting average production in 2023 from its offshore projects of 185,000 to 200,000 boe/d, with new wells coming onstream at the J-Area, Beryl and Catcher developments.
First oil was produced from the Catcher Area in the UK central North Sea in December 2017.
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Published: 09-01-2024
